Brazil’s Property Construction Sector: Initial 2012 Optimistic Commentary
Despite the Getúlio Vargas Foundation (FGV) recently released data pointing to a drop in construction sector business confidence (-9.9 percent in the last quarter of 2011) as well as the ongoing reports of various other negative performance indicators, two Brazilian specialists – Cézar Delapieve, independent portfolio manager and Carlos Müller of Geral Investimentos – interviewed by Info Money, provide some debatably bullish standpoints on the rise in sector share values since the start of 2012:
